Eaton Financial Holdings Company LLC Buys Shares of 3,521 Dell Technologies Inc. $DELL

Key Points

• Eaton Financial Holdings Company LLC acquired 3,521 shares of Dell Technologies Inc. valued at approximately $432,000, according to its recent SEC filing.
• Insider activity includes CEO Michael S. Dell selling 10 million shares for over $1.2 billion, resulting in a 27.85% decrease in his holdings.
• Several analysts have set optimistic price targets for Dell, with Goldman Sachs at $140 and Wells Fargo at $160, contributing to a consensus rating of "Moderate Buy".

Eaton Financial Holdings Company LLC purchased a new position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,521 shares of the technology company's stock, valued at approximately $432,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in DELL. Cary Street Partners Financial LLC increased its position in Dell Technologies by 2.7% during the 1st quarter. Cary Street Partners Financial LLC now owns 4,335 shares of the technology company's stock valued at $395,000 after purchasing an additional 116 shares during the period. OneAscent Financial Services LLC increased its holdings in Dell Technologies by 3.4% during the first quarter. OneAscent Financial Services LLC now owns 3,778 shares of the technology company's stock valued at $345,000 after buying an additional 125 shares during the period. MRP Capital Investments LLC raised its stake in Dell Technologies by 0.8% in the first quarter. MRP Capital Investments LLC now owns 14,975 shares of the technology company's stock worth $1,365,000 after buying an additional 125 shares in the last quarter. Greenleaf Trust lifted its holdings in Dell Technologies by 1.4% during the first quarter. Greenleaf Trust now owns 10,172 shares of the technology company's stock worth $927,000 after buying an additional 136 shares during the period. Finally, First Horizon Advisors Inc. boosted its position in Dell Technologies by 32.9% during the 1st quarter. First Horizon Advisors Inc. now owns 586 shares of the technology company's stock valued at $53,000 after acquiring an additional 145 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Michael S. Dell sold 10,000,000 shares of the company's stock in a transaction dated Thursday, June 26th. The stock was sold at an average price of $122.27, for a total value of $1,222,700,000.00. Following the completion of the transaction, the chief executive officer owned 25,912,241 shares of the company's stock, valued at approximately $3,168,289,707.07. This represents a 27.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 565,000 shares of the firm's stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $132.32, for a total value of $74,760,800.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 12,679,811 shares of company stock worth $1,566,623,756. 42.00% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on DELL shares. The Goldman Sachs Group set a $140.00 price objective on Dell Technologies and gave the stock a "buy" rating in a research note on Thursday, August 28th. Wells Fargo & Company boosted their target price on shares of Dell Technologies from $150.00 to $160.00 and gave the stock an "overweight" rating in a report on Friday, August 29th. Bank of America raised their price target on shares of Dell Technologies from $165.00 to $167.00 and gave the company a "buy" rating in a report on Friday, August 29th. Morgan Stanley boosted their price objective on shares of Dell Technologies from $135.00 to $144.00 and gave the stock an "overweight" rating in a research note on Thursday, August 21st. Finally, KeyCorp started coverage on shares of Dell Technologies in a research report on Thursday, June 26th. They set a "sector weight" rating for the company. Sixteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Dell Technologies has a consensus rating of "Moderate Buy" and an average target price of $147.67.

Dell Technologies Stock Up 2.7%

Dell Technologies stock opened at $135.47 on Tuesday. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $147.66. The firm has a market cap of $91.09 billion, a price-to-earnings ratio of 19.92, a price-to-earnings-growth ratio of 0.90 and a beta of 1.01. The business's 50-day moving average price is $129.91 and its 200 day moving average price is $112.47.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, topping the consensus estimate of $2.29 by $0.03. The business had revenue of $29.78 billion for the quarter, compared to analyst estimates of $29.14 billion. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The business's quarterly revenue was up 19.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.89 EPS. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. Equities analysts expect that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st will be issued a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a $2.10 dividend on an annualized basis and a yield of 1.6%. Dell Technologies's payout ratio is presently 30.88%.

Dell Technologies Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).

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